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Austin E. Cofrin School of Business

Internships

Participation in Internships is strongly encouraged for all Business Administration and Accounting students.

Internships provide a learning experience that combines meaningful work in a real world environment, supervision by professionals with related expertise and active reflection by the student. Students can earn elective academic credit for participating in an internship. Interested students should start seeking information at the end of their sophomore year. The coordinator for the Austin E. Cofrin School of Business is Prof. Bill Lepley, who may be contacted at 465-2044 or lepleyw@uwgb.edu. Visit our blog which includes valuable information for students and internship companies and organizations.

To aid in finding internships students can use the PRO system which is an online database found on the Career Services website. Networking and research are excellent ways to find internship opportunities. UWGB Career services hosts Job and Internship Career Fairs early in the fall and spring semesters. Students are also encouraged to use other sources to search for internships. Many students approach companies directly or use other online job search websites to look for internships. Tips to finding an internship; Video on where to find an internship

Business Administration Internship Eligibility Requirements for Students

Students interested in receiving credit for a Business Administration internship must have declared a Business Administration major or minor, have 36 earned credits and have an overall G.P.A. of at least 2.50. As a general guideline, a minimum 50 hours of work per credit is required. Most internships are 3 credits and would require a minimum of 150 work hours in the semester.

Accounting Internship Eligibility Requirements for Students

Students interested in receiving credit for an accounting internship must have declared an Accounting major or minor, have 36 earned credits, completed and passed ACCTG 301, Intermediate Accounting, and have an overall G.P.A. of at least 2.75. As a general guideline, a minimum 50 hours of work per credit is required. Most internships are 3 credits and would require a minimum of 150 work hours in the semester.

Internship Requirements

To qualify for academic credit an internship must meet the following three requirements.

  1. Meaningful Work -An internship should provide a learning experience in a work environment. The job responsibilities must require higher level skills that relate to a student’s career path. Internship credit will not be given for purely clerical work.
  2. Supervision- The student must be supervised by someone with appropriate education/experience who is qualified to give the student meaningful feedback.
  3. Reflection- The student and internship organization will be asked to complete a feedback survey at the end of the internship. In addition the student will complete coursework reflecting on the learning component of the internship.

Employer Internship Expectations

The internship organization must provide the meaningful work, supervision and feedback components. A commitment to offer a minimum of 50 work hours per internship credit is required. The intern’s supervisor must complete a feedback survey at the end of the internship. Visit our blog which includes a sample of the feedback survey and other valuable information.

Full Time Internships

Full time internships may be offered to students as an immersion experience. A full time internship offers intensive work experiences that often are not available to part time interns. To receive 9 – 12 credits the internship must provide a learning experience that would be similar to a full time entry level business professional. Many public accounting firms use full time internships as a primary recruiting and hiring tool.

FULL TIME BUSINESS INTERNSHIPS (9 – 12 credits)

Prerequisites:

  • 2.5 GPA minimum
  • The student must have made significant progress in their respective degree. The following course requirements will be used as a guideline.
    • Minimum of 15 credits of upper level accounting or business courses (includes core and emphasis courses but excludes supporting courses)
    • Minimum of 6 credits of upper level coursework in their emphasis area in addition to the 15 credits listed above

Requirements:

  • Minimum of 50 hours of work/semester/credit (9 credits would 450 hours; 12 credits would be 600 hours)
  • The internship must require a higher level of skills corresponding with the advanced academic requirement. Internship responsibilities must be commensurate with those of an entry level accountant.
  • Intern must be supervised by someone with appropriate training, education and experience.
  • The employer should have an established full time internship program in place or provide verification of entry level professional work requirement.
  • The student is responsible for additional coursework beyond the basic internship course work.

FAQs

How many credits can I get for an internship? A student can receive 1-12 credits per semester depending on the number of hours worked and the level of internship responsibilities. A minimum of 50 work hours per credit per semester is required. The typical internship is for 3 credits which would require 150 hours for the semester 4-9 credits can be earned by students who have made significant progress in their respective degree and complete the required additional hours. The internship must require a higher level of skills commensurate with advanced academic requirement. Internships in excess of 3 credits will be required to complete additional coursework as part of the internship reflection. Full time internships may be taken for 9-12 credits. Students are limited to a total of 12 business and accounting internship credits

I'm currently working for a company. Is it possible to receive internship credits for my current job? In order to receive credit for an internship, the three elements of meaningful work, supervision and reflection must be met. If you are currently working in a job, it is possible to earn internship credits if your job duties meet the requirements in the semester in which you are registered for internship credits.

I've already completed an internship, is it possible to register for internship credits now? No. Retroactive internship credit is not possible.

How are Internships graded? Internships are graded on a Pass/No-Credit basis and count as elective credits only. Coursework reflecting on the internship learning experience must be completed in addition to the necessary work hours. Your supervisor must complete an online evaluation form. This evaluation will be used to determine whether or not you have met the expectations of your supervisor.

Are internships paid? Most firms offer paid internships. For profit companies must meet Department of Labor requirements if they use unpaid interns. Internships under Fair Labor Standards Unpaid internships in the public sector and for non-profit charitable organizations, where the intern volunteers without expectation of compensation, are generally permissible.

Do full time accounting internship credits count towards the 150 hour requirement to sit for the CPA exam in Wisconsin? Yes